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Chances are, the name Omeed Malik doesn’t immediately ring a bell, and that’s perfectly fine. Mr. Malik has typically operated behind the scenes, but that might be changing soon. So, who is this mysterious figure? Omeed Malik is the founder and CEO of Farvahar Partners, a boutique investment bank specializing in advising and providing liquidity to high-growth venture-backed companies and institutional investors. In short, he’s a super wealthy guy who happens to be the financial backer of Tucker Carlson’s media venture. This is a man who was a lifelong Democrat until COVID-19 hit, and he decided that the tyrant Democrats weren’t for him anymore.

Here’s more on Omeed from eFinancialCareers:

Carlson’s $6m came from 1789 Capital, a company founded by Omeed Malik, a banker who – for a brief moment in 2018, around the height of the MeToo movement, was well known for all the wrong reasons.

Malik spent six years at BofA and became head of the prime broking division there. However, he was fired by the bank days before he was due to receive his 2018 bonus amidst unproven accusations that as a 38-year-old managing director, he had sexually harassed junior female colleagues. Those accusations were subsequently proven false and Malik – who filed a defamation claim against Bank of America for $100m, received over $10m in compensation for his wrongful termination.

Malik declined to comment for this article. But given that 1789 is being referred to as an ‘anti-woke’ investment firm by the likes of the Wall Street Journal, it might be supposed that that his experience of being hounded out of BofA has shaped his decision to invest in ventures negating the ESG agenda.

Apparently not. Malik, who was initially a Democrat, reportedly had his politics turned by the US government’s response to COVID 19. He’s not only sponsoring Carlson but has funded Robert F. Kennedy Jr. too.

This man is so incredibly determined to eradicate “wokeness” from corporate America that he has established a SPAC (Special Purpose Acquisition Company) to assist non-woke corporations in going public.

 

Axios:

Omeed Malik, a financier known for backing companies with conservative values, has raised $170 million for his second blank-check company, sources tell Axios.

Why it matters: Malik sold many more shares than originally intended — a rare success in a very tough year for blank-check companies, and a validation of his “patriotic parallel economy” thesis.

Details: Colombier Acquisition Corp. II originally filed to raise $130 million, and then last week upsized the offering to $150 million. It will trade on the New York Stock Exchange.

Catch up quick: Malik’s first blank-check effort merged with PublicSq, an online marketplace for “patriot economy” companies.

  • Its shares spiked to $29.80 upon the merger announcement but closed trading on Friday at $5.73 a piece.
  • PublicSq CEO Michael Seifert sits on the board of Colombier Acquisition Corp. II.
  • Malik also runs a private investment fund called 1789 Capital, which recently backed Tucker Carlson’s new media company.

And speaking of going public, Don Jr. recently partnered with Omeed to celebrate PublicSq’s initial public offering.

Omeed is addressing two of the most contentious issues in our country: woke corporate America and a free press. Interesting, indeed.

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